US adds 303K jobs in March, again beating expectations ...Middle East

The Hill - News

The U.S. economy added 303,000 jobs in March, and the unemployment rate dipped slightly to 3.8 percent, according to new Labor Department data released Friday. The March jobs report once again beat expectations. Economists had expected that the economy would gain 200,000 jobs and that the jobless rate would dip to 3.8 percent. The latest data comes after several months of strong jobs numbers and the longest stretch of sub-4 percent unemployment since the late 1960s. The labor market has remained surprisingly resilient in the face of the Federal Reserve's decision to hold interest rates at a two-decade high in recent months. The central bank raised rates to their current range of

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Last updated : 05 April 2024 clock 03:52 PM

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US adds 303K jobs in March, again beating expectations ...Middle East

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